Cold Spring, New York.
Typical home $739,348 (+4.8% in a year). New York-Newark-Jersey City, NY-NJ-PA metro.
to buy the typical home at today's mortgage rate — +$2,119 (+120%) since Jan 2020.
- 1 year
- Up $34,143 +5%
- $705,205$739,348 since Sep 2025
- 5 years
- Up $175,771 +31%
- $563,577$739,348 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- Cold Spring$3,881
- New York$2,755
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in Cold Spring, NY rose 4.8% over the past year — faster than the nation's +1.2%.
Living in Cold Spring, Putnam County, New York
Cold Spring is a village of 1,986 people in Putnam County. Half its households earn more than $117,292 a year and half less, against $126,257 across Putnam County; 4% of its people live below the poverty line. 65% of its homes are lived in by their owners and 35% are rented. Unemployment in Putnam County was 3.5% in August 2026, and the county had 0.9% fewer jobs in 2025 than the year before. The most people in Putnam County work in schools and health care, then professional services.
Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.
What it’s like
The place. Cold Spring is a small village on the Hudson River with a modest population. Most households own their homes, and typical home values run high. Incomes sit a little below the county's, few residents live below the poverty line, and a large majority of adults hold a four-year degree. Winters are cold and snowy, with January highs a little above freezing, while July brings hot days and plenty of rain across the year.
Work. Residents work mostly in schools, hospitals and social care, with many others in professional and business services, shops and the building trades. Across Putnam County, the largest employers include the county government, the Carmel Central School District and Putnam Hospital Center. Unemployment across the county is low and close to where it stood a year ago, though the county has slightly fewer jobs than it did the year before. Commutes are long, and a good number of residents work from home.
Things to do. The United States Military Academy, a museum, sits in or beside town, and Storm King State Park, a protected area, is close by as well. A short drive away are Dia Beacon, an art museum, and Bear Mountain State Park, a protected area with room to walk.
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- 873households
- 69%of adults have a degree
- 4%below the poverty line
- 51 mintypical commute
- 20%work from home
What people in Putnam County work in
Employed residents by industry, from the Census survey. Putnam County had 26,879 jobs in 2025, 0.9% fewer than the year before (Bureau of Labor Statistics).
Weather through the year
Coldest in January, with highs near 36° and lows near 21°; warmest in July, with highs near 85° and lows near 65°. About 36 inches of snow and 51 inches of rain and melted snow a year.
Average daily high and low, 1991–2020, at the West Point weather station, 2 miles away (NOAA).
Largest workplaces in Putnam County
- Putnam County933
- Carmel Central School DistrictSchool district805FTE
- Mahopac Central School DistrictSchool district683FTE
- Brewster Central School DistrictSchool district653FTE
- Putnam Hospital CenterGeneral hospital508FTE
- Putnam Valley Central School DistrictSchool district262FTE
- Haldane Central School DistrictSchool district167FTE
- Atlanticare ManagementNursing homes155
Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 53 workplaces with 20 or more staff, 6,187 people in all across the county; Cold Spring has one of its own. School districts come from the Common Core of Data (NCES, 2023–24) and hospitals from their Medicare cost reports (CMS, 2023); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.
Natural hazards
- Strong windRelatively moderate
- Winter weatherRelatively moderate
FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Cold Spring’s census tracts, against the rest of the country; all of them together, very low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.
From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Putnam County and the New York-Newark-Jersey City, NY-NJ-PA metro.
Cold Spring home values
Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.
- Cold Spring$739,348
- New York$524,942
- United States$366,157
Levy by levy, and a check of one home’s own bill, the site covers Ohio’s property tax.
Sellers are cutting prices on about 1 in 12 Cold Spring listings — the market is roughly in balance.
When this market ran hot
Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.
Market heat, inside the city limits
Share of listings with a price cut
The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.
- Cold Spring8.25%
- United States26.90%
Homes for sale
Active for-sale inventory. More supply hands power to buyers.
- Cold Spring20
New listings per month
Sellers arriving at the market.
- Cold Spring5
Zip codes with a Cold Spring address
A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Cold Spring — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.